Tallula, IL Bank Owned Real Estate Online Only Auction
Bidding ends October 20 at 6pm CT
307 N Yates St Tallula, IL62688
Lot Number:1
Open House: October 13, 3-5 pm
Large 2-Story Home - 4 Bedrooms - 2,050± Sq. Ft. - 2+ Car Detached Garage
Aumann Auctions is pleased to offer this Bank Owned Real Estate at Public Auction located at 307 N. Yates St. in Tallula, Illinois.
This large 2-story, 4-bedroom home offers approximately 2,050± square feet of living space and is situated on an expansive 78.5' x 250' lot. The property also includes a 2+ car detached garage, providing excellent additional storage and workspace.
Renovations have been started throughout many areas of the home, giving the next owner an opportunity to complete the improvements and make the property their own. The home retains beautiful original character, including original woodwork and wood floors in many of the rooms.
The main level features an open foyer with the original staircase, creating an inviting entry and showcasing the home's historic charm. The living room includes an original fireplace, adding another distinctive feature. The HVAC system has been updated, and improvements have also been made to the kitchen and bathroom.
Whether you're looking for a project to finish, an investment opportunity, or a home with character and potential, this property is worth a closer look.
Property is being sold at auction. Buyers are encouraged to review the listing photos and attend the open house to personally inspect the property and determine its condition and potential.
PROPERTY DETAILS
Property Address:
307 N. Yates St.
Tallula, IL 62688
Parcel ID: 15-01-400-020
Lot Size: 78.5' x 250'
Living Area: 2,050± Sq. Ft.
Bedrooms: 4
Garage: 2+ Car Detached Garage
Real Estate Taxes: $833.22 (2025)
Real estate taxes will be prorated to the day of closing.
Brief Legal Description: S1 T17 R8 LOT 8 CCP #3 SE 1/4
AUCTION TERMS
Seller: Alliance Community Bank
Buyer's Premium: 10%
Closing/Posession: Within 45 days of closing of auction
Earnest Money: $2,500 due upon conclusion of sale payable to Prairie Land Title Company
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